PPP Loan information for Advance electric corp

$10,929

Advance electric corp was initially approved for PPP Loan of amount $10,929, the current approved amount is $10,929. The loan was approved on 04/28/2020 by The Cooperativa de Ahorro y Cr<ac,e>dito Oriental reported 3 jobs and $10,929 was used to fund payroll.

Advance electric corp is Existing or more than 2 years old

PPP Loan Search / PR / JUNCOS / Advance electric corp

ADVANCE ELECTRIC CORP

Date Approved

04/28/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

ADVANCE ELECTRIC CORP

Borrower Address

BO BEIBA NORTE CARR 31 KM 24 HM 0

Borrower City

JUNCOS

Borrower State

PR

Borrower Zip

00777-5928

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10929.00

Current Approval Amount

10929.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

109374

Servicing Lender Name

Cooperativa de Ahorro y Cr<ac,e>dito Oriental

Servicing Lender Address

Calle Font Martello

Servicing Lender City

HUMACAO

Servicing Lender State

PR

Servicing Lender Zip

00791

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JUNCOS

Project County Name

JUNCOS

Project State

PR

Project Zip

00777-5928

CD

PR-

Jobs Reported

3

NAICS Code

444130

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10929.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

109374

Originating Lender

Cooperativa de Ahorro y Cr<ac,e>dito Oriental

Originating Lender City

HUMACAO

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10989.11

Forgiveness Date

11/23/2020

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